When you earn in foreign currency, why not grow your wealth in the same currency? For the discerning global Indians looking to avoid the currency exchange rate risk, SBM Bank offers the Foreign Currency Non-Resident (FCNR) deposit. You can park your foreign earnings from anywhere in the world and grow your wealth in the currency of your choice.

Protection from currency exchange rate risk

No conversion risk
No Conversion Risk

Tax-free interest & principal

Tax benefit
Tax Benefits

For rewarding returns

Attractive interest rates
Attractive Interest Rates

Fully and freely repatriable (both principal and interest)


Fund your FD with any convertible currency for a flexible tenure.


Nomination option enabled

Secured savings
Secured Savings

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